Walmart Q2 Revenue Hits $190.66 B, EPS $0.74 Beats Estimates
Walmart reported fiscal second-quarter revenue of $190.66 billion and EPS of $0.74, surpassing estimates of $190.43 billion and $0.73. Rothschild Redburn lifted its price target to $150 from $110 while Telsey reiterated a Buy rating with a $135 target following a 29% share gain over the past year.
1. Fiscal Second-Quarter Results
Walmart posted $190.66 billion in revenue and $0.74 in EPS for fiscal Q2, beating consensus estimates of $190.43 billion and $0.73 per share.
2. Analyst Price Target Raises
Rothschild Redburn lifted its price target to $150 from $110 and Telsey maintained a Buy rating with a $135 target after the earnings release.
3. Commentary from Jim Cramer
Jim Cramer praised the quarter, highlighting surging advertising revenue and membership fee income as key drivers behind Walmart’s premium valuation multiple.
4. Share Performance and Digital Initiatives
Walmart shares have risen 29% over the past year and 9% year-to-date while the retailer expands digital and AI-driven initiatives to fuel future growth.